 | Wisconsin - 1935 - 1308 pages
...Wisconsin residents and that the gains or profits are permitted to accumulate beyond the reasonable needs of the business, shall be prima facie evidence of a purpose to escape taxation. In all cases the burden of proof that the failure to distribute gains or profits is not done... | |
 | Wisconsin - 1935 - 1310 pages
...Wisconsin residents and that the gains or profits are permitted to accumulate beyond the reasonable needs of the business, shall be prima facie evidence of a purpose to escape taxation. In all cases the burden of proof that the failure to distribute gains or profits is not done... | |
 | George Edwin Holmes - 1919 - 1052 pages
...holding company, or that the gains and profits are permitted to accumulate beyond the reasonable needs of the business, shall be prima facie evidence of a purpose to escape the surtax; but the fact that the gains and profits are in any case permitted to accumulate and become surplus... | |
 | Harris, Forbes & co., New York - 1919 - 164 pages
...holding company, or that the gains and profits are permitted to accumulate beyond the reasonable needs of the business, shall be prima facie evidence of a purpose to escape the surtax; but the fact that the gains and profits are in any case permitted to accumlate and become surplus shall... | |
 | Guaranty Trust Company of New York - 1919 - 664 pages
...holding company, or that the gains and profits are permitted to accumulate beyond the reasonable needs of the business, shall be prima facie evidence of a purpose to escape the surtax; but the fact that the gains and profits are in any case permitted to accumulate and become surplus... | |
 | Prentice-Hall Inc - 1919 - 640 pages
...holding company, or that the gains and profits are permitted to accumulate beyond the reasonable needs of the business, shall be prima facie evidence of a purpose to escape the surtax; 'but the fact that gains and profits are in any case permitted to accumulate and become surplus shall... | |
 | 1919 - 982 pages
...holding company or that the gains and profits are permitted to accumulate beyond the reasonable needs of the business shall be prima facie evidence of a purpose to escape the surtax; but the fact that gains and profits are in any case permitted to accumulate and become surplus shall... | |
 | United States - 1920 - 1064 pages
...holding company, or that the gains and profits are permitted to accumulate beyond the reasonable needs ; but the fact that the gains and profits are in any case permitted to accumulate and become surplus... | |
 | Irving National Bank, New York - 1920 - 150 pages
...holding company, or that the gams and profits are permitted to accumulate beyond the reasonable needs of the business, shall be prima facie evidence of a purpose to escape the surtax; but the fact that the gains and profits are in any case permitted to accumulate and become surplus... | |
 | United States. Bureau of Internal Revenue - 1920 - 346 pages
...holding company, or that the gains and profits are permitted to accumulate beyond the reasonable needs of the business, shall be prima facie evidence of a purpose to escape the surtax ; but the fact that the gains and profits are in any case permitted to accumulate and become surplus... | |
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The fact. that any corporation is a mere holding company, or that the gains and profits are permitted to accumulate beyond the reasonable needs of the business, shall be prima facie evidence of a purpose to escape the surtax... 
